Andreessen Horowitz

Multi-stage venture firmSEC-registered adviserClassification probable· Menlo Park, Californiabhorowitz.com

Multi-stage venture firm, based in Menlo Park, California, reporting $82B of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$82B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
23
Investment team
12
Latest vintage
2026
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

14 additional team members, 37 additional co-investors and affiliates, 193 additional investments, funds and LPs, 75 events, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 23 companies
    new in 12 months

    23 new companies in the last 12 months. Latest round Armadin Series B ($256M round, led) on 1 Oct 2026.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 5 companies
    portfolio raising

    5 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 3 Sep 2026 ($67.6M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  3. 7 deals
    with Kleiner Perkins

    Invests most often alongside Kleiner Perkins (7 shared deals) and Khosla Ventures (7 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
  4. 10 of 18
    enter at Series B+

    Enters mostly at Series B or later: 10 of 18 first entries on record.

    rounds to 1 Oct 2026 · Tells a founder whether their round is one this firm writes.

    Derived18 rounds with a stated stage, against the firm's siteFor FoundersInvestments →

People to know

View all people

Relationship network

287 connected entities45 observed rounds17 repeat counterparties10 dated rounds shown here, 2013 to 2026

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Company
  • Capital provider
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Andreessen Horowitz: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Andreessen Horowitz

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

70 companies on record, 23 new in 12 months

Investments on record

70 companies, 33 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Armadin, Inc.Series B · Series BleadDavid George (confirmed)$256MunknownOct 1, 2026Fact Press release
Belongportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Company website
camber.healthportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Company website

Stated thesis versus observed behaviour

82 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, fintech, consumer, energy, hardware, robotics, defense, crypto, devtools, edtech, industrial
Stages
not stated or not yet read
Geography
global, new york, silicon valley
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation
series a 44%series b 33%series c 17%series d plus 6%
Stage at first entry
series a 44%series b 33%series c 17%series d plus 6%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (10)Business services (1)
lead rate 53%follow-on rate 15%new companies, 12 months 23

Team

15 current, 5 departed

Decision makers

who to call first, and why; then everyone else by function
  • Joe Schmidt IV · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility; Led 1 round on record
  • Benjamin Abraham Horowitz · Member
    Why this person: Named with investment responsibility
  • Marc Lowell Andreessen · Member
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

15 current, 5 departed
5 departed (kept with end dates)

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

89 vehicles, 1 LPs disclosed

Funds and vehicles

89 reported, 5 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
AH 2026 Fund Multiplexer (unblocked) II, L.P.Fund2026 name yearEarly deployment$476M
Mar 30, 2026
42unknownunknown
AH 2026 Fund Multiplexer (blocked) II, L.P.Fund2026 name yearEarly deployment$299M
Mar 30, 2026
67unknownunknown
AH 2026 Fund Multiplexer (unblocked) Ii-C, L.P.Fund2026 name yearEarly deployment$67.3M
Mar 30, 2026
33unknownunknown

Limited partners

1 LPs, 1 disclosed commitments

Known LPs and allocators

38 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEMInnovation Opportunities, L.P.$2.0B
committed
reported as of Dec 31, 2025Fact Pension disclosure
Contra Costa County Employee Retirement SystemPUBLIC PENSIONAH 2026 Fund Multiplexer (unblocked) II, L.P.$100M
committed
reported as of Jun 30, 2026Fact Pension disclosure
Bainum Family FoundationFOUNDATIONAndreessen Horowitz Lsv Fund I-Q, L.P.$5.5M
fair value on the foundation's return
reported as of Jun 30, 2025Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

186 co-investors · on 5 other DFX graphs

Co-investors

186 counted from shared deals, for the whole firm

Compare portfolios with Kleiner Perkins, Khosla Ventures, LLC, Bessemer Venture Partners or any firm. Co-investors across the market

Across DFX and the capital chainon 5 other DFX graphs · 13 capital paths Show
Across DFX
  • Sponsor-market profile (matched by same CRD)
  • The same institution is held on Allocators, Independent Sponsors, RIA and Wealth, Private Equity, Private Credit, matched by identifier. See which records
Across the graphs

Andreessen Horowitz is the same institution as 5 records in Allocators, Independent Sponsors, RIA and Wealth, Private Equity and Private Credit.

Allocators1Independent Sponsors1RIA and Wealth1Private Equity1Private Credit1

DFX found 5 relationships across 5 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Andreessen Horowitz sits on 13 traced paths of capital across the graphs.

Allocator to VC fund to manager to companyAllocator commitments to a manager

DFX traced 13 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

80 dated events, 82 observations from 4 sources

Timeline

80 dated events
  1. Mar 30, 2026
    TAP Investment Fund, L.P. first reported on Form ADV by Andreessen Horowitz (Venture Capital Fund), GAV $400,000,000
    Fund first reported on Form ADVFundsInferenceTAP Investment Fund, L.P.Form ADV
  2. Mar 30, 2026
    AH 2024 Fund Multiplexer (unblocked), L.P. first reported on Form ADV by Andreessen Horowitz (Venture Capital Fund), GAV $163,964,305
    Fund first reported on Form ADVFundsInferenceAH 2024 Fund Multiplexer (Unblocked), L.P.Form ADV
  3. Mar 30, 2026
    AH Bio Fund V-B, L.P. first reported on Form ADV by Andreessen Horowitz (Venture Capital Fund), GAV $3,025,000
    Fund first reported on Form ADVFundsInferenceAH Bio Fund V-B, L.P.Form ADV
  4. Mar 30, 2026
    AH Bio Ecosystem Fund, L.P. first reported on Form ADV by Andreessen Horowitz (Venture Capital Fund), GAV $498,645,651
    Fund first reported on Form ADVFundsInferenceAH Bio Ecosystem Fund, L.P.Form ADV
  5. Mar 30, 2026
    Andreessen Horowitz Fund Ix - Ai Applications, L.P. first reported on Form ADV by Andreessen Horowitz (Venture Capital Fund), GAV $1,023,694,110
    Fund first reported on Form ADVFundsInferenceAndreessen Horowitz Fund IX - AI Applications, L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 119 private fundsShow

Website description: Ben Horowitz is a cofounder and general partner at the venture capital firm Andreessen Horowitz. He is the author of the New York Times bestsellers, The

Headquarters
Menlo Park, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 30, 2026
Private funds reported
119 (106 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$106Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$106Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
738
Owners on Schedule A
A16z Holdings, L.L.C. (Managing Member), owns 75% or more

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $81.8B
  2. Sep 15, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $54.8B
  3. Sep 12, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $29.9B

Evidence

82 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 29, 2024FactForm ADV
First Form ADV filing2012-03-30Mar 30, 2026FactForm ADV
First Form ADV filing2012-03-30Mar 29, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
SEC statusApprovedMar 30, 2026FactForm ADV
SEC status effective2019-04-11Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 29, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneMar 29, 2024FactForm ADV
DescriptionOct 1, 2026FactFirm website
DescriptionSep 16, 2026FactFirm website
Employees738Mar 30, 2026FactForm ADV
Employees535Mar 29, 2024FactForm ADV
HeadquartersMar 30, 2026FactForm ADV
HeadquartersMar 29, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressMar 29, 2024FactForm ADV
Self-described typeVenture capitalOct 1, 2026FactFirm website
Self-described typeVenture capitalSep 16, 2026FactFirm website
Legal formLimited Liability CompanyMar 30, 2026FactForm ADV
PE funds reported13Mar 30, 2026FactForm ADV
Portfolio pageOct 1, 2026FactFirm website
Portfolio pageSep 16, 2026FactFirm website
Private funds reported119Mar 30, 2026FactForm ADV
Private funds reported119Mar 30, 2026FactForm ADV
Private funds reported87Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$106BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$106BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$56BMar 29, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$106BMar 30, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$56BMar 29, 2024FactForm ADV
Schedule a diffsadiff-1Mar 30, 2026FactForm ADV
Stated geographyGlobal, new york, silicon valley
“geography words on the home page”
Oct 1, 2026FactFirm website
Stated geographyGlobal, new york, silicon valley
“geography words on the home page”
Sep 16, 2026FactFirm website
Stated sectorsAI, enterprise software, fintech, consumer, energy, hardware, robotics, defense, crypto, devtools, edtech, industrial
“sector words on the home page”
Oct 1, 2026FactFirm website
Stated sectorsAI, enterprise software, fintech, consumer, energy, hardware, robotics, defense, crypto, devtools, edtech, industrial
“sector words on the home page”
Sep 16, 2026FactFirm website
Team pageOct 1, 2026FactFirm website
Team pageSep 16, 2026FactFirm website
Venture funds reported106Mar 30, 2026FactForm ADV
Venture funds reported106Mar 30, 2026FactForm ADV
Venture funds reported73Mar 29, 2024FactForm ADV
WebsiteSep 12, 2026FactForm ADV
WebsiteMar 29, 2024FactForm ADV
Website resolved domaina16z.comOct 1, 2026FactFirm website
Website resolved domaina16z.comSep 16, 2026FactFirm website
Website resolved domaina16z.comSep 14, 2026FactFirm website
Site titleOct 1, 2026FactFirm website
Site titleSep 16, 2026FactFirm website
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, probableShow
Importance
85
high
Active deployment
55
elevated
Emerging
0
low
Freshness
100
high
Multi-stage venture firm · probableSEC registered investment adviser

Both early and growth/opportunity families, reported GAV $81.8B

The inputs behind each score
importance
gav: 1 · funds: 1 · people: 0.48 · investments: 0.71 · co investors: 0.91
active deployment
investments 12m: 1 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-10-01
emerging manager
fund count: 94 · reported gav: $82B · first adv filing: 2012-03-30 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

15 scored matches, best firstas of
  • score 69.8confidence 100%
    Why: sector fit; stage fit; activity; analogous
    Watch: adjacent portfolio
  • score 47.7confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 45.1confidence 90%
    Why: stage fit; activity; cap table

+12 more scored matches

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2012-03-30source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.